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Primary method used to trace $879M crypto by end of 2024
2
Resolution / Starting Odds
Blockchain analysis • 25%
Cooperation with exchanges • 25%
Undercover operations • 25%
Other methods • 25%
Reports or statements from the U.S. Department of Justice or cybersecurity analysis firms
Story
U.S. Seeks to Forfeit $879M in Crypto from Lazarus Group, APT38 via Tornado Cash Mixers
Oct 7, 2024, 07:09 AM
The U.S. government is intensifying its efforts against North Korean hacking groups by initiating legal action to seize approximately $879 million in cryptocurrency linked to the Lazarus Group and APT38. The Justice Department is targeting funds acquired through major cryptocurrency frauds and hacks, including $2.7 million traced through mixers like Tornado Cash and other crypto mixing services. An additional seizure involves 200,000 tether (USDT), worth $200,000, connected to fraudulent activities. These actions reflect the use of advanced tracing techniques to identify and recover stolen digital assets from cybercriminal groups, as part of broader measures to combat illicit financial activities facilitated by cryptocurrencies.
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Yes • 50%
No • 50%
Instant exchanges • 25%
Mixers/Tumblers • 25%
Decentralized exchanges • 25%
Other • 25%
ZachXBT • 25%
PeckShieldAlert • 25%
Japanese Financial Authorities • 25%
Other • 25%
North Korea • 25%
China • 25%
Russia • 25%
Other • 25%
Tornado Cash • 25%
Other mixing services • 25%
Direct transfers to exchanges • 25%
Other • 25%
Ethereum (ETH) • 25%
Binance Coin (BNB) • 25%
Multiple EVM platforms • 25%
Other • 25%
IP address tracking • 25%
Language analysis • 25%
Exchange cooperation • 25%
Other investigative methods • 25%
Remains a major player • 33%
Loses significant market share • 33%
Exits the market • 34%
Speculative ventures • 25%
Personal luxury items • 25%
Offshore accounts • 25%
Unknown/Other • 25%
Coin Flipping • 25%
Gift Transactions • 25%
Third-party Platforms • 25%
Other Methods • 25%
Online Marketplaces • 25%
Cryptocurrency Exchanges • 25%
Mixer Services • 25%
Other • 25%
Ethereum (ETH) • 25%
Binance Coin (BNB) • 25%
Another EVM-compatible platform • 25%
Multiple platforms • 25%